lefigaro.fr
French Government Questions Use of Public Funds by Auchan and Michelin
French Prime Minister questions Auchan and Michelin's use of public funds after job cut announcements, leading to increased tensions between businesses and the government.
French
France
PoliticsEconomyLabour MarketFranceInternational TradeBusinessEmployment
AuchanMichelinPcf (French Communist Party)
Michel BarnierAndré ChassaigneEmmanuel MacronFrançois Hollande
- What prompted the French Prime Minister's inquiry into Auchan and Michelin?
- French Prime Minister Michel Barnier questioned Auchan and Michelin's use of public funds following their announcements of major job cuts and site closures.
- What was Michelin's response to the government's inquiry, given they didn't receive CICE?
- Michelin, having not benefited from the CICE, highlighted its substantial annual R&D investment of \u20ac1.2 billion, emphasizing the importance of the CIR (research tax credit).
- How did Auchan respond to the Prime Minister's questioning regarding its use of public funds?
- Auchan stated that its CICE (tax credit) was used for employee bonuses, improving competitiveness, and deploying innovative technologies, while also paying significant taxes and social security contributions.
- What were the main arguments presented by Auchan and Michelin to justify their use of public funds?
- Both companies defended their use of public funds, asserting that these funds contributed to job creation, technological advancements, and overall economic competitiveness.
- What is the broader context of the situation and its impact on the relationship between businesses and the government?
- The government's inquiry into the companies' use of public funds has heightened tensions between businesses and the political sphere, particularly regarding the allocation of tax credits and their impact on employment.